Preview

Wal-Mart

Powerful Essays
Open Document
Open Document
1428 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wal-Mart
Wal-Mart
Q1-What is the organization?
Wal-Mart Stores, Inc. (frequently branded as Wal-Mart) is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue, according to the 2008 Fortune Global 500. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. Wal-Mart is the largest private employer and the largest grocery retailer in the United States. It also owns and operates the Sam's Club retail warehouses in North America.
Wal-Mart operates in Mexico as Walmex, in the United Kingdom as Asda, and in Japan as Seiyu. It has wholly owned operations in Argentina, Brazil, Canada, and Puerto Rico. Wal-Mart's investments outside North America have had mixed results: its operations in South America and China are highly successful, while it was forced to pull out of Germany and South Korea when ventures there were unsuccessful.
Wal-Mart has been criticized by some community groups, women's rights groups, grassroots organizations, and labor unions, specifically for its extensive foreign product sourcing, low rates of employee health insurance enrollment, resistance to union representation, alleged sexism, and management efforts to pressure employees to vote for specific parties during national elections. Conversely, others point out that Wal-Mart's rapid growth and logistical efficiency has enabled it to bring lower prices to consumers and more jobs and new small businesses to the communities in which it operates.
Walmart.com is a lot like your neighborhood Wal-Mart store. We feature a great selection of high-quality merchandise, friendly service and, of course, Every Day Low Prices.
Founded in January 2000, Walmart.com is a subsidiary of Wal-Mart Stores, Inc. Our headquarters is on the San Francisco Peninsula near Silicon

You May Also Find These Documents Helpful

  • Better Essays

    What type of organization is Wal-Mart and what makes it such a successful company? Wal-Mart is a public retail company founded in 1962 by founder Sam Walton. Wal-Mart was incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972 (Wal-Mart Stores, n.d.). It is headquartered in Bentonville, Arkansas and is an international company. Wal-Mart is the largest grocery retailer in the United States. In 2009, Wal-Mart reported 51% of its $258 billion sales in the U.S. from the grocery business (Wal-Mart Stores, n.d.).…

    • 1746 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Wal-Mart Stores, Inc. is an American based international retail chain headquartered in Bentonville, Arkansas. The corporation operates within the Miscellaneous General Merchandise Stores SIC classification and the All Other General Merchandise Stores NAICS classification. Wal-Mart specializes in the retail of groceries, electronics, apparel, appliances, home furnishings, hardware, sporting goods and health care products. The corporation is split into three business segments: Walmart US, Walmart International, and Sam’s Club. Wal-Mart currently resides atop the Fortune 500 list as the highest grossing corporation in the United States with a reported $485 billion in revenues for the year ended January 31st, 2015.…

    • 170 Words
    • 1 Page
    Satisfactory Essays
  • Best Essays

    Wal-Mart is a multinational retail corporation that was founded by Sam Walton in 1962 in Rogers, Arkansas. It operates in various chains of large discount departmental stores and warehouse stores. Wal-Mart operates in three segments: Wal-Mart U.S., online retail operations, walmart.com; and Wal-Mart International which includes several formats of retail stores, restaurants, wholesale clubs, including Sam 's Clubs. Wal-Mart’s segments have business in six merchandise units: grocery, electronics, pharmacy, stationery, apparel and furniture’s. The unique aspect of this company is that the segment also provides financial services and related products, including money orders, prepaid cards and wire transfers. Today, Wal-Mart still remains a family owned business and is the biggest private employer in the world. Its top competitor include: target, Kmart, Costco, and BJ’S Wholesale…

    • 2257 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Walmart

    • 6499 Words
    • 26 Pages

    The first Wal-Mart store was opened in Rogers Arkansas in the Year 1962. From Wal-Mart’s company website a common misconception people have in regards to discount retailing is put to rest. That being this was the year it all started, When Kmart, Target, and Wal-Mart first opened. In actuality however, the chain of variety stores Sam Walton owned during the 1950’s faced stiff competition for many regional discount stores. In 1972, Wal-Mart stock was offered for the first time on the New York Stock Exchange. With this infusion of capital, the company grew to 276 stores in 11 states by the end of the decade. Also from the company’s official website, it is important to note that in 1983 the first Sam’s Club members-warehouse store opened. The first Supercenter opened in 1988, featuring a complete grocery, and 36 departments of general merchandise. By 1989, there were 1,402 Wal-Mart stores and 123 Sam’s Club locations. Employment had increased tenfold. Sales had grown from $1 billion in 1980, to $26 billion. Wal-Mart’s company website states that Today, 7,262 stores and club locations in 14 markets employ more than 1.9 million associates,…

    • 6499 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    Wal-Mart has grown to be the world’s largest retail and grocery store with sales soaring to $419 billion in fiscal year 2011. Wal-Mart employs over 2 million associates worldwide in 9,600 retail units and operates in 28 countries. Wal-Mart has enjoyed its success since 1962 when the first store opened in 1962 in Rogers, Arkansas. Wal-Mart was founded by Sam Walton who envisioned a retail store that could “save people money to help them live better.” Sam Walton opened his first store in 1962 as a private investment (95% of the capital came from Sam and his wife Helen) and went public on the NYSE in 1972. Sam Walton’s secret was to give your customers what they want and to determine their wants from the perspective of the customer.…

    • 1301 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Wal-mart, is an American multinational retailer corporation that runs chains of large discount department stores and warehouse stores founded by Sam Walton in 1962. Moreover, the company is the world's third largest public corporation, according to the Fortune Global 500 list in 2012. Whereas, Wal-mart also the biggest private employer in the world with over two million employees, and still is the largest retailer in the world. Wal-mart remains a family-owned business, as the company is controlled by the Walton family.…

    • 604 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    walMart Report

    • 1711 Words
    • 7 Pages

    Wal-Mart Stores, Inc. is an American public corporation that runs a chain of large, discount department stores. It was founded by Sam Walton in 1962. On July 2, the first Wal-Mart Discount City store was opened in Rogers, Arkansas. Within five years, the company expanded to 24 stores across Arkansas and reached $12.6 million in sales. Now, Wal-Mart is becoming one of the most famous grocery stores in the world.…

    • 1711 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Wal-Mart was founded by Sam Walton, the first Wal-Mart store opened in Rogers, Arkansas, in 1962. Seventeen years later, annual sales toped $1 billion. By the end of January 2002, Wal-Mart Stores, Inc. was the world's largest retailer with $218 billion in sales. Wal-Mart's winning strategy in the U.S. was based on selling branded products at low cost, which enables the lower class and middle class consumers to shop for products and save. Due to the advances in technology over the years Wal-Mart has been able to achieve tremendous success. Wal-Mart's success has allowed the company to expand out of the United States.…

    • 805 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Why Wal-Mart successful?

    • 484 Words
    • 2 Pages

    Do you know how big is Wal-Mart? Wal-Mart is the world's largest retailer, which has approximately 3,900 stores in the U.S. and 1.6 million employees. In 1962, when Sam Walton opened the first Wal-Mart store in Rogers, Arkansas, no one could have ever predicted the enormous accomplishment this small-town merchant would have. The reasons why Wal-Mart is successful are because of its low price, convenience and role of monopoly in the industry.…

    • 484 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Wal-Mart Position Paper

    • 695 Words
    • 3 Pages

    Even though Wal-Mart has its own bright side, there are also many things that critics can say against it. Wal-Mart is one of the most anti-union companies and do not allow workers to negotiate on their behalf in matters such as pay, working conditions, hours and benefits. About eight years ago, the private corporation set up a store in Jonquiere, Quebec. Many of the 190 employees wanted a voice because "there were injustice at the company and it did not respect its workforce". The employees weren't satisfied with minimum wages starting from $6.20 per hour and limiting some workers to work twenty eight hours a week. As the workers successfully unionized to speak up for their rights, the company shuts down the store. This made many bitter employees jobless, and the town uneasy over future unions.…

    • 695 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Globalization has made Wal-Mart a multibillion dollar industry. In Japan sales average around $4.3 billion, in Mexico the annual sales is $20 billion, in Brazil sales are $8 billion dollars as Davis, 2008. Davis also points that in Canada Wal-Mart has established $11 billion business.…

    • 815 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Wal-Mart & Its High Price

    • 1124 Words
    • 5 Pages

    As a multi-billion dollar corporation, you would think that Wal-Mart would have good benefits, health care opportunities, and reasonable wages right? Wrong. Wal-Mart has changed many people’s lives for the worse. The saddest thing is not many people are doing anything about it. Wal-Mart is taking over towns, shutting down small businesses ranging from grocery stores to a hardware stores. Wal-Mart, according to fastcompany.com is “an entirely different order of being, and that it does more business than Target, Sears, J. C. Penny, Kmart, Kroger, and Safeway combined”. Due to the bulk of their goods being imported from China, this has caused unemployment rates to skyrocket. Along with the fact that they are a very antiunion corporation, this has caused them to limit benefits and health care, according to epi.org. In addition to these things are Wal-Mart’s ridiculously low wages for employees, even though Wal-Mart is one of the most successful businesses in the world. Wal-Mart has damaged America by shutting down small businesses, raising the unemployment rate, awfully low wages, and refusing union involvement, and these reasons are the reasons why you shouldn’t go there.…

    • 1124 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Walmart Synthesis

    • 1259 Words
    • 6 Pages

    Wal-Mart is a massive retail company that has large chains of department stores and warehouse stores all over the nation. The company was founded by Sam Walton, a businessman in Arkansas, in 1962, and it is the world’s third largest public corporation, making it very popular and well-known. Although it started in the United States, Wal-Mart operates in 15 different countries like Mexico, Canada, South America and the United Kingdom. It has 8,500 stores under 55 different names, for example, in Mexico it is referred to as Walmex. Wal-Mart also runs supercenters, which stock everything that a Wal-Mart store sells, but also has a full service supermarket like a bakery for baked goods. Despite being extremely popular, Wal-Mart is irresponsible in the way it deals with music censorship and should not be allowed to influence its consumer’s music decisions and monopolize music industries like the American record industry.…

    • 1259 Words
    • 6 Pages
    Good Essays
  • Best Essays

    According to (Anon, 2012) Wal-Mart Stores Inc. is an U.S based multinational retailer that runs chain of large discounted departmental stores & warehouse store and was founded by Sam Walton in 1962 and it was labeled Walmart in 2000. It’s headquarter is located in Bentonville, Arkansas. In the former year (2011) it generated revenue of US$ 421.849 billion. It has around 8500 stores in 15 countries, under 55 different names. It operates as Walmex in Mexico, Asda in United Kingdom, Seiyu in Japan, Sam’s Club in North America, Walmart itself in U.S.A & in India as Best Price. Walmart is also the world’s largest private employer with above 2 million employees & also the biggest retailer in the whole world.…

    • 3658 Words
    • 15 Pages
    Best Essays
  • Better Essays

    Hello Walmart Case Study

    • 1999 Words
    • 8 Pages

    Founded by Sam Walton in 1962 and incorporated on October 31, 1962 Wal-Mart is one of the largest retail corporations in the world, with about 8,500 stores in 15 different countries. Wal-Mart also operates under different names such as Walmex in Mexico, ASDA in The United Kingdom, Seiyu in Japan and Best Price in India. It also has Warehouses here in the U.S. known as Sam’s Club and Mas Club.…

    • 1999 Words
    • 8 Pages
    Better Essays